Scielo RSS <![CDATA[BAR - Brazilian Administration Review]]> http://www.scielo.br/rss.php?pid=1807-769220180002&lang=pt vol. 15 num. 2 lang. pt <![CDATA[SciELO Logo]]> http://www.scielo.br/img/en/fbpelogp.gif http://www.scielo.br <![CDATA[Innovative Self-concept of Micro-entrepreneurs: Perception of Barriers and Intention to Invest]]> http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1807-76922018000200300&lng=pt&nrm=iso&tlng=pt Abstract The research presented below examines micro-entrepreneur conditions that relate to their innovative self-concept and the effect of this self-concept on the perception of barriers to entrepreneurship and intention to invest in assets. For this, I analyzed 5,836 surveys completed by Chilean micro-entrepreneurs who declared maintaining productive activities in 2015. The results show that there is a difference in innovative self-concept, depending on the age, gender, marital status and educational level of the entrepreneurs. Moreover, this showed that entrepreneurs that self-define themselves as innovators intend to invest and perceive barriers to entrepreneurship in a different way. The obtained evidence is relevant for guiding public policies that strengthen investment and for reducing micro-entrepreneurs' perceived barriers according to their individual characteristics. Additionally, the results could be considered in other emerging Latin American countries, with similar conditions. <![CDATA[Taste Transformation in the Context of Social Mobility]]> http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1807-76922018000200301&lng=pt&nrm=iso&tlng=pt Abstract This article provides a theoretical effort to extend the literature on taste transformation and emphasize its shortcomings in explaining this process in social mobility contexts. Firstly, we conduct an overview of taste research in consumer behavior, followed by a presentation of the main concepts on taste transformation under debate in the literature of consumer culture theory and a discussion of the gaps in these frameworks. Secondly, we discuss how a context of social mobility could afford new directions for research on taste transformation. The Brazilian case is proposed as an illustration of this proposition due to its recent socioeconomic instability. Finally, we identify opportunities for future research by exploring (a) taste as a mechanism of distinction-across and (b) taste in inertial acquisition dynamics. <![CDATA[Financial Reporting Quality, Debt Maturity, and Chief Executive Officer Career Concerns on Investment Efficiency]]> http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1807-76922018000200302&lng=pt&nrm=iso&tlng=pt Abstract The purpose of this research is to investigate the effect of financial reporting quality, debt maturity, and CEO career concerns on investment efficiency in Indonesia. This study used a sample of 680 observations from non-financial companies in Indonesia during the period from 2012 to 2015 using panel regression. The results show that financial reporting quality does not affect investment efficiency. This might be because the quality of financial reporting has no effect in the overinvestment scenario. Under this condition, financial reporting quality cannot mitigate the occurrence of overinvestment due to the high level of agency problems. However, financial reporting quality has a significantly positive effect under condition of underinvestment, which means that financial reporting quality can reduce the occurrence of underinvestment because it can be used to attract external funds so that companies can avoid underinvestment conditions. The debt maturity has a negative effect on investment efficiency. In particular, debt maturity has no effect on underinvestment, but it does have an effect on overinvestment, because by using short-term debt, the company has funds that can be used to make investments to enable overinvestment. CEO career concerns have no effect in underinvestment conditions because companies do not experience funding constraints, so the CEO career concerns do not mitigate underinvestment. Whereas in conditions of overinvestment, career concerns have a positive effect. Thus, CEO career concerns can reduce the occurrence of overinvestment.